Ethereum $2800 Short Term Projection
Updated
If the ALTs split off from Bitcoin with ETH leading the way this is a very likely outcome short term.
ETH log is also showing huge potential gains in ETH/BTC.
Mid term projection COULD see ETH rampage as high as $14,000.
Very rough chart, illustrating a general direction.
ETH is on a very strong level that has been both resistance and support however even though $380 looks like strong support it could have one more leg down. Anything below $400 for long term holding is a solid entry. $350, $300 and $280 might be worth placing some buy orders in case of a price spike.
ETH log is also showing huge potential gains in ETH/BTC.
Mid term projection COULD see ETH rampage as high as $14,000.
Very rough chart, illustrating a general direction.
ETH is on a very strong level that has been both resistance and support however even though $380 looks like strong support it could have one more leg down. Anything below $400 for long term holding is a solid entry. $350, $300 and $280 might be worth placing some buy orders in case of a price spike.
Note
Bullish move out of the descending wedge.Looking good for ALT coins in general.
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